Siegel Says We're in a Bull Market, But Beware of Bonds

The video discusses the ongoing bull market fueled by economic stimulus and liquidity, with concerns about inflation impacting both the market and economy. It predicts higher inflation than the Fed's estimates, affecting bonds negatively while stocks may perform well. The bond market is expected to see rising yields, with a potential increase to 3.5% by next year. Corporations are likely to use raised capital for dividends, buybacks, and investments, rather than paying down long-term debt.

What is the speaker's prediction for bond yields in the near future?

What strategies does the speaker suggest companies might pursue with their cash reserves?